The Commodity Futures Trading Commission said the CME Group requires more compliance staff to supervise its commodity exchanges, The Wall Street Journal reports. The regulator had made the same recommendations last year during its routine rule-enforcement review of the Chicago Mercantile Exchange and the Chicago Board of Trade.
The CFTC’s Division of Market Oversight suggested that CME add compliance staff owing to an increase in trading volume as well along with types of products traded. The compliance staff at the exchange has not changed since the division’s last review.
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